QIIB posts 2.6% fall in Q2 profit

Doha – Mubasher: Qatar International Islamic Bank (QIIB) posted on Tuesday a fall of 2.6% in its profits for the second quarter of the fiscal year 2016, compared to the same period of 2015.

Net profit reached QAR 219.9 million ($60.4 million) in Q2-16, versus QAR 225.7 million ($62 million) in Q2-15, according to a bourse filing.

In the first half of fiscal 2016, net profit grew 1.1% year-on-year to QAR 438 million.

Earnings per share reached QAR 2.93 in H1-16, versus QAR 2.89 in H1-15.

The stock ended today’s trading with a growth of 2.03%.

Mubasher Contribution Time: 19-Jul-2016 14:08 (GMT)
Mubasher Last Update Time: 19-Jul-2016 14:08 (GMT)